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1 - 5 of 5 (0.26 seconds)The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002
Section 17 in The Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 [Entire Act]
Mardia Chemicals Ltd. Etc. Etc vs U.O.I. & Ors. Etc. Etc on 8 April, 2004
10. The learned advocate for the petitioners relied upon a decision of the Hon'ble the Apex Court in the matter of Mardia Chemicals and Ors. v. Union of India and Ors. . The learned advocate pressed Head-Note C of the judgment in service and submitted that the Hon'ble the Apex Court while considering the provisions of Section 13 and various Sub-sections has laid down that, 'there is a purpose in providing for a service of a notice upon the borrower' under Sub-section (2) of Section 13 of the Act.' In the present case, the petitioners are not served with any such notice, therefore, it is to be held that provisions of the Act are breached and therefore, the petition be entertained and the reliefs sought for be granted.
Section 69A in The Transfer Of Property Act, 1882 [Entire Act]
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